FTC And 22 States Sue Amazon (AMZN) Over Alleged Billions In Hidden Advertising Fees
Amazon.com (AMZN) shares fell roughly 3% after the Federal Trade Commission and 22 states filed a lawsuit accusing the company of secretly inflating advertising prices. The lawsuit, filed Monday, claims Amazon spent more than seven years quietly raising prices that advertisers paid through its online ad auctions without their knowledge. Regulators allege the scheme affected…
Singapore Deploys Cash, Housing Perks And Leave Reforms To Reverse Falling Birth Rate
Singapore is rolling out its most ambitious package yet to address a deepening demographic crisis, offering over S$60,000 ($47,100) in support for every citizen child from birth to age 17. The city-state’s total fertility rate fell sharply to 0.87 in 2025, down from 0.97 the previous year, making it the world’s second lowest behind South…
House Lawmakers Move To Advance Russia Sanctions Bill After Overwhelming Senate Vote
The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 is facing a complicated path forward in the House after clearing the Senate by a wide margin. A bipartisan group of House lawmakers introduced companion legislation targeting Russia’s energy revenues, banks, and sanctions-evasion networks while the chamber remained in its August recess. Republican Representatives…
House Democrats Push Counter-Amendment As Republicans Force Anti-Socialism Vote
House Republicans are advancing a resolution that puts Democrats on the record about where they stand on socialism and its growing influence within the party. Rep. Jeff Crank (R-CO) introduced the measure to “condemn and denounce socialism in all its forms,” with the resolution specifically naming the Democratic Socialists of America. The resolution cites New…
MAHA Movement Fails To Deliver Political Firepower For Republicans Ahead Of Midterms
The political organization behind Robert F. Kennedy Jr.’s Make America Healthy Again movement has struggled to gain meaningful traction for Republican candidates ahead of the midterms. With less than three months until the midterm elections, the MAHA PAC has fallen well short of expectations as a political fundraising and mobilization force. President Trump and key…
Chief Justice Roberts Calls White House Ballroom Construction ‘Likely Unlawful’ In Blistering Dissent
The Supreme Court ruled 5-4 to allow construction of a new White House state ballroom to continue, lifting lower court blocks on above-ground work. Five conservative justices, including all three of President Trump’s appointees, sided with the administration in the closely watched case. Chief Justice John Roberts broke from his conservative colleagues, joining the court’s…
QUBT Holds Its Ground While QBTS Earns A Sell Rating After Q2 Earnings
Quantum Computing Inc. (QUBT) and D-Wave Quantum (QBTS) have both underperformed the broader market following their second-quarter 2026 earnings releases in early August. Since August 6, QUBT stock has lost 7.1% while QBTS has declined 12.4%, compared to a modest 0.1% dip in the S&P 500. Higher Treasury yields and renewed rate-hike concerns are adding…
Defense ETFs ITA, XAR, And PPA Emerge As Strategic Plays Amid U.S.-Iran Military Escalation
U.S. strikes on Iranian rocket launchers in the Strait of Hormuz, followed by retaliatory attacks on American bases in Jordan, have sharply escalated Middle East tensions. The renewed conflict has triggered fresh investor interest in the defense sector, with analysts pointing to a sustained multi-year procurement cycle for major contractors. Exchange-traded funds offer a diversified…
India’s Economy Surges 7.8% In First Quarter, Outpacing Forecasts
India’s economy expanded by 7.8% in the quarter ending June, comfortably surpassing analyst expectations and signaling continued resilience in Asia’s third-largest economy. A Reuters poll had forecast growth of 7.1% for the period, meaning the actual figure came in significantly ahead of consensus estimates across the board. The result matches the 7.8% growth recorded in…
Rep. Maxwell Frost Says Biden Administration Failed To Release Epstein Files
The Jeffrey Epstein files controversy continues to draw bipartisan attention, with one prominent Democratic congressman placing blame squarely on the Biden administration for withholding them. Rep. Maxwell Frost (D-Fla.) has argued publicly that former President Biden should have released the Epstein files during his time in office. Frost sits on the House Oversight and Government…
